Phrase by 'Andreas Antonopoulos'
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What happens when an industry transitions from using one or more 'smart' and centralized networks to using a common, decentralized, open, and dumb network? A tsunami of innovation that was pent up for decades is suddenly released.
Author: Andreas Antonopoulos - Greek BusinessmanMore , Smart , Dumb , Innovation
Gradually, decentralized trust will be accepted as a new and effective trust model. We have seen this evolution of understanding before - on the Internet.
Author: Andreas Antonopoulos - Greek BusinessmanInternet , New , Understanding , Trust
I just spent the last 8 months working on the second edition of 'Mastering Bitcoin,' and I couldn't even scratch the surface of all the innovation that is happening in BTC.
Author: Andreas Antonopoulos - Greek BusinessmanJust , Last , Innovation , Bitcoin
Bitcoin offers one service: securely time-stamped, scripted transactions. Everything else is built on the edge-devices as an application. Bitcoin allows any application to be developed independently, without permission, on the edge of the network.
Author: Andreas Antonopoulos - Greek BusinessmanEverything , Without , Service , Edge
It will take time for the idea of decentralized trust through computation to become a part of mainstream consciousness, and until then, the idea creates cognitive dissonance for those accustomed to centralized trust systems.
Author: Andreas Antonopoulos - Greek BusinessmanTime , Will , Become , Trust